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There is a community of Americans living in Argentina consisting of immigrants and expatriates from the United States as well as their local born descendants. There are roughly 5,000 or 60,000 Americans living in the country.
Migration history
From 2002 to 2003, many Americans migrated to Argentina when the country suddenly became comparatively inexpensive thus it became a cheap place to live in.
Immigration from the United States increased further during and after the financial crisis of 2007–2008 as many Americans fled the crisis-ridden United States to escape to Argentina. A few interviews and immigration data shows a 12% increase in the number of Americans (742) who applied for permanent residency in 2008.
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